Groupon Inc Earnings: Here’s Why Investors are Selling Shares Now
Revenue increased 12.27% from $568.55 million in the previous quarter. EPS decreased to $-0.12 in the quarter versus EPS of $0.03 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.05 to a profit $0.06. For the current year, the average estimate is a profit of $0.17, which is the same with that ninety days ago.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)